Inflation down again

Zimbabwe’s year-on-year inflation declined once again this time by 0.05 percentage points from 0.59 percent in October to 0.54 percent last month, according to figures released by the Zimbabwe National Statistics Office today.

Inflation has been on the decline this year from March when it peaked at 2.98 percent.

It averaged 5.1 percent last year and but is likely to be well below the 5.7 percent forecast for this year.

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